Manchester Educational Foundation Inc

Analysis

Manchester Educational Foundation Inc is a registered charity in United States, based in Yazoo City, MS. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Manchester Educational Foundation Inc reported income of $2.2m and spending of $2.5m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $2.2m (-2.1%), an average of -0.5% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manchester Educational Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within MS. Charities of a similar size with the same main cause include An Achievable Dream Virginia Beach Inc ($2.2m), Royal Ministries Inc ($2.2m) and Jewish Community Day School of Greater New Orleans ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $118k (4.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.8m against liabilities of $615k, net assets of $1.2m. It reported 67 employees.